MasterBrand (MasterBrand) Retained Earnings : $1,242 Mil (As of Mar. 2024)

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What is MasterBrand Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MasterBrand's retained earnings for the quarter that ended in Mar. 2024 was $1,242 Mil.

MasterBrand's quarterly retained earnings increased from Sep. 2023 ($1,168 Mil) to Dec. 2023 ($1,205 Mil) and increased from Dec. 2023 ($1,205 Mil) to Mar. 2024 ($1,242 Mil).

MasterBrand's annual retained earnings declined from Dec. 2021 ($2,186 Mil) to Dec. 2022 ($1,023 Mil) but then increased from Dec. 2022 ($1,023 Mil) to Dec. 2023 ($1,205 Mil).

MasterBrand Retained Earnings Historical Data

The historical data trend for MasterBrand's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MasterBrand Retained Earnings Chart

MasterBrand Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

2,002.90

2,185.50

1,022.50

1,204.50

MasterBrand Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial								1,057.50	1,108.70	1,168.40	1,204.50	1,242.00

MasterBrand Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

MasterBrand (NYSE:MBC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

MasterBrand (MasterBrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » MasterBrand Inc (NYSE:MBC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

D55:Germany

Address

One MasterBrand Cabinets Drive, Jasper, IN, USA, 47546

Website

https://www.masterbrandcabinets.com

MasterBrand Inc operates as a residential cabinet manufacturer in North America. It offers a comprehensive portfolio of leading residential cabinetry products for the kitchen, bathroom, and other parts of the home. The firm sells its products throughout the United States and Canada through three primary channels: dealers, retailers, and builders.

Executives

Kurt Wanninger	officer: EVP & Chief Operations Officer	C/O NORCRAFT COMPANIES, INC., 3020 DENMARK AVENUE, SUITE 100, EAGAN MN 55121
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
David D Petratis	director	1415 ROSELLE ROAD, PALATINE IL 60067
Ann F Hackett	director
Juliana L Chugg	director	1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Mark A. Young	officer: VP, Chief Accounting Officer	701 LIMA AVENUE, FINDLAY OH 45840
Andrean Horton	officer: EVP, CLO & Secretary	3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Jeffery S. Perry	director	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Bruce Alan Kendrick	officer: EVP & Chief HR Officer	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Van Doren Martin Scott	officer: EVP, Sales	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Andrea Helen Simon	officer: EVP & CFO	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Navneet Grewal	officer: EVP, Chief Digital & Tech Off.	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Robert Crisci	director	C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Patrick D Hallinan	director	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015